Knotel Leases 60323 Square Feet At 61 Broadway New York From Landlord RXR Realty
61 Broadway, New York, NY, 10006
Building Size
60,323 SF
Asset Type
Office
Closing
Jan 17, 2019
AI
The property at 61 Broadway, New York, NY, 10006, involves a lease agreement within the New York market. The space encompasses a total of 60,323 square feet. The landlord for this transaction is RXR Realty.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 61 Broadway, New York, NY, 10006
- Market: New York
- Square Feet: 60,323
- Tenant: Knotel
- Tenant's Representative: Evan Fiddle-CBRE
- Brokers: Daniel Wilpon-CBRE
- Landlord: RXR Realty
The deal includes involved representatives such as Evan Fiddle from CBRE representing the tenant, Knotel. Daniel Wilpon, also from CBRE, acts as the broker in this transaction. The arrangement showcases the collaboration between notable entities within the commercial real estate sector.
Players
New York Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93